Assistant Controller

Job Description Job Description Assistant Controller 10804 Position Summary: Reporting to the Corporate Controller, the Assistant Controller will play a key role in the month-end close process and the accuracy of the Company’s balance sheet. The role will work closely with the Accounting team to ensure the timely and accurate recording of journal entries, maintenance of key schedules, and reconciliation of balance sheet accounts. The Assistant Controller’s areas of focus include lease accounting, prepaid management, corporate department P&L review, and asset-based lending compliance reporting. This position also carries direct supervisory responsibility for one Senior Accountant, and requires a detail-oriented leader who can manage recurring accounting processes, develop direct reports, and proactively identify and resolve discrepancies. Responsibilities: Manage month-end and year-end closing activities. Maintain the Company’s ASC 842 lease accounting database, including preparation of all related journal entries and supporting schedules in compliance with US GAAP. Manage the prepaid expense schedule, including amortization tracking and preparation of associated journal entries on a monthly basis. Perform and own balance sheet reconciliations across a broad range of accounts, ensuring completeness, accuracy, and timely resolution of reconciling items. Review corporate department profit and loss statements, research variances and coding discrepancies, and prepare the necessary reclassification journal entries. Assist with bank reconciliations for select accounts, ensuring timely identification and clearance of outstanding items. Prepare high priority/more complex journal entries for review by Corporate Controller. Help design effective internal control measures as well as ensure compliance. Assist in preparations for annual financial audit. Assist with annual bank exam related to the company’s revolving line of credit. Review journal entries prepared by senior accountants. Prepare the Company’s monthly borrowing base files in support of the asset-based lending agreement, ensuring accuracy and timely submission to lenders. Directly supervise one Senior Accountant, including day-to-day work review, task prioritization, and ongoing coaching and development. Support the Corporate Controller and broader Accounting team with special projects and ad hoc analysis as needed. Skills & Experience: Minimum of 7 years of progressive accounting experience, with exposure to month-end close processes and balance sheet ownership; prior supervisory or mentorship experience preferred. Bachelor’s degree in Accounting or Finance required. CPA or active pursuit of CPA licensure a plus. Working knowledge of ASC 842 lease accounting standards a plus. Strong attention to detail and commitment to accuracy in a high-volume, deadline-driven environment. Demonstrated ability to manage multiple recurring responsibilities independently and meet close deadlines. Experience with ERP systems required; experience with Sage or similar mid-market ERP a plus. Advanced proficiency in Microsoft Excel, including experience building and maintaining reconciliation templates and accounting schedules. Solid understanding of US GAAP and core financial statement relationships. Strong written and verbal communication skills, with the ability to clearly document and explain accounting positions to internal stakeholders. Company Description Thomas Edwards Group is an Executive Search Firm specializing in the direct hire and interim placement of Accounting, Finance, HR and IT professionals. We’ve been in business since 1997 and the Dallas Business Journal has ranked us a Top Search Firm in Dallas and one of the “Best Places to Work” multiple times. Thomas Edwards Group also made the Inc. 5000 list in 2016 and our award-winning team of Search Consultants, which rank among the best and most experienced in the area, includes MBAs, CPAs, former Big 4 Professionals, Controllers, IT Search Professionals, Finance/Banking, and Business Professionals. #J-18808-Ljbffr